Business

How to optimise cash flow for the holiday season

The Christmas season is a critical time for many businesses, bringing both opportunities and challenges. Increased demand can drive up sales, but the need for additional stock, seasonal staff and holiday marketing can put pressure on cash flow.

Managing cash flow effectively during this period is essential to ensure your business can make the most of the season without running into financial difficulties. Here are some strategies to help you optimise cash flow for a successful holiday season.

Accounting records – what should I keep and for how long?

Proper record keeping is essential for businesses to ensure compliance with both legal obligations and tax regulations. For limited companies, partnerships and VAT registered businesses, maintaining accurate records can prevent penalties, aid in tax calculations and support compliance with the Companies Act and HMRC requirements. Here’s a breakdown of the key record keeping requirements for various business entities in the UK.

December downloadable guides

Our monthly downloadable guides for you to tread at your leisure.

2024 Christmas gift ideas from the Swindells’ family

December is here, and that means the annual racking of brains for present ideas. Each year we compile a few thoughts on potential gifts for your loved ones from within our own family of clients. We hope they spark your imagination…

November downloadable guides

Our monthly downloadable guides for you to tread at your leisure.

The Autumn Statement Downloadable Guide

Boxed in by Labour’s manifesto pledges not to increase income tax, employee’s national insurance and VAT, Chancellor Rachel Reeves instead had to raid other taxes, like capital gains tax (CGT), inheritance tax (IHT), employer’s national insurance and to extend the tax threshold freeze to find the £40bn needed to balance the books.